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Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?


To: Oak Tree who wrote (8943)12/14/2000 9:22:59 PM
From: Hawkmoon  Read Replies (1) | Respond to of 10042
 
Triple Witch options expiration tomorrow... earnings warnings... And now MSFT warning...

Tomorrow will be interesting....

But on the bright side, the FOMC meeting is next Tuesday...

Regards,

Ron



To: Oak Tree who wrote (8943)12/14/2000 9:51:44 PM
From: dvdw©  Read Replies (1) | Respond to of 10042
 
The real reason the market is down is because ownership of the stock that is going to have the most future value is not sufficiently in the RIGHT hands yet.



To: Oak Tree who wrote (8943)12/14/2000 10:13:47 PM
From: Jimbo Cobb  Respond to of 10042
 
It's called buy the rumor sell the news.
Happens all the time.

Jimbo.



To: Oak Tree who wrote (8943)12/15/2000 6:44:59 AM
From: long-gone  Read Replies (1) | Respond to of 10042
 
<<Does anyone understand why the market was down on Bush? All week is was clear he would win, and even oil stocks went down. >>

Bush's Impact Won't be Felt for a While
USA Today
December 14, 2000

Bush will be the next president, but does it matter?
You'd think one of the most powerful politicians in the world could do something about a souring economy. But if the economic slowdown President-elect George Bush is inheriting turns into something worse, he might be little more than a bystander. "I'm not saying he's powerless, but the economy is bigger than the president," says David Wyss, chief economist for Standard & Poor's DRI. Bush's Imact:

Health care: Change possible for Medicare
Taxes/retirement: Planned $1.3 trillion tax cut faces fight
Workplace: Sympathies will shift from worker to boss
Foreign trade: Expect push for fast-track authority
Energy: Restricted federal land may be explored for oil
Antitrust: Justice may soften views on Microsoft, mergers
"There are forces at work over which he has no control," says Janet Yellen, former Federal Reserve governor and onetime chief economic adviser to President Clinton. "The new president is not the master of the economy in the short run." (cont)
newsmax.com